Short Interest Worth Mentioning Today: Can Cms Energy Corporation (NYSE:CMS)’s Tomorrow Be Different? The Stock Had Decline in Shorts

November 29, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Worth Mentioning Today: Can Cms Energy Corporation (NYSE:CMS)’s Tomorrow Be Different? The Stock Had Decline in Shorts

The stock of Cms Energy Corporation (NYSE:CMS) registered a decrease of 6.49% in short interest. CMS’s total short interest was 8.38M shares in November as published by FINRA. Its down 6.49% from 8.96M shares, reported previously. With 1.75M shares average volume, it will take short sellers 5 days to cover their CMS’s short positions. The short interest to Cms Energy Corporation’s float is 3.02%. About 2.56 million shares traded hands or 35.45% up from the average. CMS Energy Corporation (NYSE:CMS) has risen 5.19% since April 26, 2016 and is uptrending. It has underperformed by 0.07% the S&P500.

CMS Energy Corporation is an energy firm operating primarily in Michigan. The company has a market cap of $11.97 billion. The Firm operates in three divisions, which include Consumers Electric Utility, Consumers Gas Utility and Enterprises (non-utility activities and investments). It has a 20.07 P/E ratio. CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass.

Insitutional Activity: The institutional sentiment decreased to 0.94 in Q2 2016. Its down 0.23, from 1.17 in 2016Q1. The ratio turned negative, as 33 funds sold all CMS Energy Corporation shares owned while 144 reduced positions. 40 funds bought stakes while 167 increased positions. They now own 245.16 million shares or 0.53% less from 246.47 million shares in 2016Q1.
Suntrust Banks holds 0.07% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 245,694 shares. Thompson Siegel Walmsley Lc, a Virginia-based fund reported 1.44M shares. Swiss State Bank accumulated 779,200 shares or 0.06% of the stock. Alpine Woods Capital Limited Liability Corporation accumulated 521,300 shares or 1.43% of the stock. Horizon Kinetics Ltd Liability Corp owns 29,862 shares or 0.03% of their US portfolio. Parametric Assocs Limited Liability Co last reported 0.07% of its portfolio in the stock. First Manhattan Company accumulated 0.03% or 100,446 shares. Moreover, California Employees Retirement Systems has 0.07% invested in CMS Energy Corporation (NYSE:CMS) for 955,747 shares. Moreover, Hancock Hldg has 0.04% invested in CMS Energy Corporation (NYSE:CMS) for 23,000 shares. Chesley Taft And Associate Ltd last reported 25,300 shares in the company. Greenleaf Tru holds 0.02% of its portfolio in CMS Energy Corporation (NYSE:CMS) for 17,947 shares. Amer National Registered Investment Advisor Inc holds 24,153 shares or 0.51% of its portfolio. Hartford reported 185,999 shares or 0.18% of all its holdings. Chicago Equity Ptnrs Ltd Liability owns 162,265 shares or 0.22% of their US portfolio. Nuveen Asset Mgmt Limited Liability holds 0.19% or 679,946 shares in its portfolio.

CMS Energy Corporation (NYSE:CMS) Ratings Coverage

Out of 6 analysts covering CMS Energy Corporation (NYSE:CMS), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. CMS Energy Corporation has been the topic of 13 analyst reports since August 31, 2015 according to StockzIntelligence Inc. Suntrust Robinson maintained the stock with “Neutral” rating in Monday, August 29 report. The rating was initiated by Howard Weil with “Sector Perform” on Friday, July 15. The firm has “Sector Perform” rating by Scotia Capital given on Friday, July 15. The firm has “Neutral” rating by Suntrust Robinson given on Monday, October 19. The firm has “Neutral” rating given on Monday, October 26 by UBS. The stock of CMS Energy Corporation (NYSE:CMS) earned “Neutral” rating by SunTrust on Monday, March 7. The stock of CMS Energy Corporation (NYSE:CMS) has “Equal-Weight” rating given on Friday, March 18 by Barclays Capital. SunTrust maintained it with “Neutral” rating and $44 target price in Monday, September 26 report. SunTrust maintained it with “Neutral” rating and $35 target price in Monday, October 19 report.

CMS Company Profile

CMS Energy Corporation (CMS Energy), incorporated on February 26, 1987, is an energy firm operating primarily in Michigan. The Firm operates in three divisions, which include Consumers Electric Utility, Consumers Gas Utility and Enterprises (non-utility activities and investments). CMS Energy, through its subsidiaries and equity investments, is engaged primarily in independent power production and owns power generation facilities fueled by natural gas and biomass. The Company’s other business includes EnerBank USA (EnerBank), which is a Utah state-chartered, Federal Deposit Insurance Corporation (FDIC)-insured industrial bank providing unsecured consumer installment loans for financing home improvements. The Company’s subsidiaries include Consumers Energy Company (Consumers), which is an electric and gas utility firm and CMS Enterprises Company (CMS Enterprises), which is a domestic independent power producer.

More news for CMS Energy Corporation (NYSE:CMS) were recently published by: Businesswire.com, which released: “Fitch Rates CMS Energy Corporation’s Senior Notes ‘BBB'” on October 31, 2016. Forbes.com‘s article titled: “Ex-Dividend Reminder: Costco Wholesale, Nexstar Broadcasting Group and CMS Energy” and published on October 31, 2016 is yet another important article.

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By Ellis Scott

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